Fore Capital LLC Invests $2.32 Million in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Fore Capital LLC acquired a new position in Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 240,000 shares of the exchange traded fund’s stock, valued at approximately $2,316,000. Sprott Physical Silver Trust accounts for approximately 0.9% of Fore Capital LLC’s holdings, making the stock its 21st biggest holding.

Other hedge funds have also modified their holdings of the company. Pettinga Financial Advisors LLC boosted its stake in shares of Sprott Physical Silver Trust by 24.4% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 196,355 shares of the exchange traded fund’s stock worth $2,052,000 after purchasing an additional 38,490 shares during the period. Sigma Planning Corp raised its holdings in shares of Sprott Physical Silver Trust by 1.3% in the third quarter. Sigma Planning Corp now owns 97,404 shares of the exchange traded fund’s stock worth $1,018,000 after buying an additional 1,234 shares during the period. Nations Financial Group Inc. IA ADV lifted its stake in shares of Sprott Physical Silver Trust by 15.2% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 25,020 shares of the exchange traded fund’s stock worth $261,000 after acquiring an additional 3,300 shares during the last quarter. Apollon Wealth Management LLC boosted its holdings in Sprott Physical Silver Trust by 54.6% during the 3rd quarter. Apollon Wealth Management LLC now owns 80,019 shares of the exchange traded fund’s stock valued at $836,000 after acquiring an additional 28,252 shares during the period. Finally, Kovack Advisors Inc. grew its position in Sprott Physical Silver Trust by 9.8% in the 3rd quarter. Kovack Advisors Inc. now owns 237,338 shares of the exchange traded fund’s stock valued at $2,480,000 after acquiring an additional 21,233 shares during the last quarter.

Sprott Physical Silver Trust Trading Up 1.4 %

Shares of NYSEARCA PSLV opened at $11.30 on Thursday. Sprott Physical Silver Trust has a 52-week low of $8.12 and a 52-week high of $11.77. The stock has a 50 day moving average price of $10.59 and a 200 day moving average price of $10.47.

Sprott Physical Silver Trust Company Profile

Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion.